Credit card debt and delinquencies are on the rise, reports find
WEBAug 8, 2024 · Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. The average balance per consumer stands at $6,329, up 4.8% year over year...
This Week In Credit Card News: Big Changes Could Be Coming To ... - Forbes
WEBMay 16, 2024 · Visa announced major changes to how credit and debit cards will operate in the U.S. in the coming months and years. The new features could mean Americans will be carrying fewer physical cards...
Credit cards are charging more 'excess' interest than ever, CFPB says
WEBFeb 22, 2024 · Credit card companies are hiking rates to record highs to pad their profits, according to a new Consumer Financial Protection Bureau report.
Credit Card News Articles - Bankrate
WEBAug 28, 2024 · The editors at Bankrate are dedicated to delivering timely, accurate, and reliable news to credit card consumers. See the latest stories from the credit card industry here.
The U.S sharply cuts how much credit cards can charge in late fees - NPR
WEBMar 5, 2024 · The Consumer Financial Protection Bureau issued a new rule Tuesday capping late fees on credit cards, a move designed to save customers an estimated $10 billion a year. Critics promised a lawsuit.
Judge blocks Biden administration rule capping credit card late …
WEBMay 11, 2024 · A federal judge in Fort Worth, Texas, on Friday blocked a new Biden administration rule that would prohibit credit card companies from charging customers late fees higher than $8.
This Week In Credit Card News: Pay Your Bill With A Scan Of ... - Forbes
WEBDec 7, 2023 · This year, the stakes feel higher than ever. America faces a crushing credit card burden. The nation’s collective card balance stands at a record $1.08 trillion, as of the end of September.
This Week In Credit Card News: Consumers Falling Into Record ... - Forbes
WEBNov 16, 2023 · Some are falling behind. About 28% of card users say they find it difficult to make the minimum payments on their credit cards and 14% say they've missed a payment this year. On average,...
News Stories - CreditCards.com
WEBOct 16, 2008 · Stay up-to-date on the latest credit card news 一 from product reviews to credit advice 一 with our newsletter in your inbox twice a week.
More Americans are falling behind on credit card bills : NPR
WEBMay 14, 2024 · Credit card delinquencies have returned to pre-pandemic levels, despite rising wages and a low unemployment rate. Rising rates of delinquency when both the labor market and the economy are...
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